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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

House May Require DOE Comment on Standard Market Design

LCG, Sep. 9, 2002--The Secretary of Energy, Spencer Abraham, would be required to file a report on the possible effects of implementing the Federal Energy Regulatory Commission's "standard market design" rules, according to a bill passed by the U.S. House Appropriations Committee.

The bill would need to be passed as part of a larger $26 billion energy and water spending bill before both the House and Senate. Among the subject areas the committee is interested in are regional wholesale and retail electricity prices, tarrif oversight by state utility commissions, transmission reliability and infrastucture enhancement.

"Standard market design" is scheduled to apply to all market regions, which would operate under a unified network tariff by Sep. 30, 2003. FERC intends the rules to bring about lower costs and greater access for competing suppliers, while some utility commissions and state governors have objected to loss of ratemaking authority and possible subsidization of infrastructure development by regions not receiving benefits. The report sought by the committee bill would need to be filed 90 days prior to the market rules' finalization.
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